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Lot
2314

1806/5 25C MS64 PCGS....

2009 April-May Cincinnati, OH (CSNS) US Coin Auction #1124

 
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Auction Ended On: Apr 30, 2009
Item Activity: 6 Internet/mail/phone bidders
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Location:

Duke Energy Center
525 Elm Street
Cincinnati, OH 45202

Description:
Extraordinary 1806/5 B-1 Quarter, MS64
1806/5 25C MS64 PCGS. B-1, R.2. In 1806 the Mint experimented with overdate coinage, updating dies that had been used in the previous years. This experiment was conducted on quarters, half dollars, and quarter eagles. Dies that had already been used for coinage were heated, overdated with a 6 punched over the 5, and reannealed. The 1806/5 B-1 quarter is literally a later die state of 1805 B-4, since the obverse and reverse dies are both the same. Among half dollars, the 1806/5 obverse die of O-104 was previously used for 1805 O-105 and O-106. In the quarter eagle series, the 1806/5 overdate uses the same obverse and reverse dies of 1805. Few dies were altered after they had been used, as the easier solution was to continue using the old dies without changes until they were no longer serviceable.
This Condition Census candidate ranks among the finest pieces that Steve Tompkins records in his new quarter reference. Three examples are listed as MS64, and four others as MS63. This piece and the Garrett specimen are the two finest examples that we have offered. The strike is absolutely amazing, one of the best strikes we have ever seen on an early federal coin. It is also fully prooflike with completely mirrored obverse and reverse fields. The central obverse and reverse have light ivory surfaces with subtle peripheral iridescence. A lint mark from the chin down to star 12 will provide an opportunity to seek out the past provenance of this coin. Housed in an older green label PCGS holder. Population: 3 in 64, 2 finer (3/09).
Ex: Heritage (11/2005), lot 2097; Heritage (8/2006), lot 5166.
From The Joseph C. Thomas Collection.(Registry values: P6) (NGC ID# 23RD, PCGS# 5315)

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